PaymentScheduleTest_Monthly_1500_fp12_r6

Day	Scheduled payment	Simple interest	Interest portion	Principal portion	Interest balance	Principal balance	Total simple interest	Total interest	Total principal
0	0.00	0.0000	0.00	0.00	0.00	1,500.00	0.0000	0.00	0.00
12	441.57	143.6400	143.64	297.93	0.00	1,202.07	143.6400	143.64	297.93
43	441.57	297.3681	297.37	144.20	0.00	1,057.87	441.0081	441.01	442.13
74	441.57	261.6959	261.70	179.87	0.00	878.00	702.7040	702.71	622.00
103	441.57	203.1868	203.19	238.38	0.00	639.62	905.8907	905.90	860.38
134	441.57	158.2292	158.23	283.34	0.00	356.28	1,064.1199	1,064.13	1,143.72
164	441.57	85.2934	85.29	356.28	0.00	0.00	1,149.4133	1,149.42	1,500.00

Description

£1500 with 12 days to first payment and 6 repayments

Generated: 2025-04-28 using library version 2.2.10

Parameters

Evaluation Date	2023-12-07
Start Date	2023-12-07
Principal	1,500.00
Schedule options	config: auto-generate schedule schedule length: payment count 6 unit-period config: monthly from 2023-12 on 19
Payment options	scheduling: as scheduled rounding: round using AwayFromZero timeout: 3 minimum: defer or write off up to 0.50 level-payment option: lower final payment
Fee options	no fee
Charge options	no charges
Interest options	standard rate: 0.798 % per day method: simple rounding: round using AwayFromZero APR method: UK FCA to 1 d.p. initial grace period: 3 day(s) rate on negative balance: zero promotional rates: n/a cap: total 100 %; daily 0.8 %

Initial Stats

Initial interest balance: 0.00	Initial cost-to-borrowing ratio: 76.63 %	Initial APR: 1296.2 %
Level payment: 441.57	Final payment: 441.57	Last scheduled payment day: 164
Total scheduled payments: 2,649.42	Total principal: 1,500.00	Total interest: 1,149.42